SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Drop in Short Interest

SPDR S&P International Dividend ETF (NYSEARCA:DWX) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 3,366 shares, a decrease of 60.8% from the May 14th total of 8,594 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,010 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On SPDR S&P International Dividend ETF

A number of large investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its stake in SPDR S&P International Dividend ETF by 1.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 15,815 shares of the company’s stock valued at $721,000 after acquiring an additional 234 shares during the period. Novak & Powell Financial Services Inc. raised its stake in SPDR S&P International Dividend ETF by 1.5% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 19,905 shares of the company’s stock valued at $875,000 after acquiring an additional 297 shares during the period. PNC Financial Services Group Inc. raised its stake in SPDR S&P International Dividend ETF by 18.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,370 shares of the company’s stock valued at $108,000 after acquiring an additional 377 shares during the period. Mariner LLC raised its holdings in SPDR S&P International Dividend ETF by 4.3% in the 3rd quarter. Mariner LLC now owns 9,101 shares of the company’s stock valued at $389,000 after acquiring an additional 379 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its holdings in SPDR S&P International Dividend ETF by 179.7% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 607 shares of the company’s stock valued at $27,000 after acquiring an additional 390 shares during the period.

SPDR S&P International Dividend ETF Stock Down 0.3%

Shares of DWX stock traded down $0.12 on Friday, reaching $47.30. The stock had a trading volume of 26,877 shares, compared to its average volume of 25,269. The firm’s 50-day moving average is $46.62 and its two-hundred day moving average is $45.71. The firm has a market capitalization of $517.94 million, a price-to-earnings ratio of 17.89 and a beta of 0.52. SPDR S&P International Dividend ETF has a 12 month low of $41.07 and a 12 month high of $48.84.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.